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Old 06-20-2022, 07:02 AM
 
Location: Florida
33,571 posts, read 18,161,091 times
Reputation: 15546

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We are now all witnessing huge inflation and the destruction of the buying power of the middle class and those working poor living from paycheck to paycheck which is 50% of Americans. We will not be able to sustain our living standards as time goes on and inflation eats at our pay checks.


This explains how bad it will get and the what and why . Debt and printing money is destroying the middle class . I believe it is by design. Do you think it was planned. Watch the video . It is very interesting to say the least addressing what is going on in our economy now.



https://www.youtube.com/watch?v=6cAxs3GTH1I
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Old 06-20-2022, 07:06 AM
 
Location: Inland FL
2,530 posts, read 1,863,511 times
Reputation: 4229
People have been saying that over and over but then the stocks always go back up.
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Old 06-20-2022, 07:19 AM
 
Location: East Lansing, MI
28,353 posts, read 16,381,866 times
Reputation: 10467
Kiyosaki endorsed and supported Republican candidate Donald Trump for the 2016 presidential elections. Kiyosaki also co-authored two books with President Trump.


In 2010, the Canadian Broadcasting Corporation did an exposé on scams that were being perpetuated by Kiyosaki's company in Canada in the guise of seminars. Upon tracking the success claims of "Rich Dad" seminar organizers, they discovered that these claims were not true. Investments in trailers and trailer parks, which were being propagated as "successful" by seminar teachers, were found to actually be barren pieces of land that no one was using.

Kiyosaki's advice has been criticized for emphasizing anecdotes and containing nothing in the way of concrete advice on how readers should proceed or work.

In 2006 and 2007, Kiyosaki's Rich Dad seminars continued to promote real estate as a sound investment, just before their prices came crashing down.

In 2010, Allan Roth of CBS News documented what occurred when he attended one of Rich Dad's free seminars and dissected some of the tactics employed. The Marketplace exposé on his seminars in Canada showed what occurred in $450 seminars through a hidden camera including Kiyosaki's response to them.


https://en.wikipedia.org/wiki/Robert_Kiyosaki
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Old 06-20-2022, 07:23 AM
 
Location: Florida
33,571 posts, read 18,161,091 times
Reputation: 15546
Quote:
Originally Posted by hooligan View Post
Kiyosaki endorsed and supported Republican candidate Donald Trump for the 2016 presidential elections. Kiyosaki also co-authored two books with President Trump.


In 2010, the Canadian Broadcasting Corporation did an exposé on scams that were being perpetuated by Kiyosaki's company in Canada in the guise of seminars. Upon tracking the success claims of "Rich Dad" seminar organizers, they discovered that these claims were not true. Investments in trailers and trailer parks, which were being propagated as "successful" by seminar teachers, were found to actually be barren pieces of land that no one was using.

Kiyosaki's advice has been criticized for emphasizing anecdotes and containing nothing in the way of concrete advice on how readers should proceed or work.

In 2006 and 2007, Kiyosaki's Rich Dad seminars continued to promote real estate as a sound investment, just before their prices came crashing down.

In 2010, Allan Roth of CBS News documented what occurred when he attended one of Rich Dad's free seminars and dissected some of the tactics employed. The Marketplace exposé on his seminars in Canada showed what occurred in $450 seminars through a hidden camera including Kiyosaki's response to them.


https://en.wikipedia.org/wiki/Robert_Kiyosaki
Democrats are haters of anyone who has knowledge. This is why the Biden administration is wrecking our economy. Useful idiots support this destruction.
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Old 06-20-2022, 07:28 AM
 
Location: East Lansing, MI
28,353 posts, read 16,381,866 times
Reputation: 10467
So, a Trump guy thinks Joe is doing a bad job. Shocker.

Also, this "financial and economic seer" failed to identify the biggest financial collapse of our lifetimes?

Not to mention his scammy seminars.

I'll pass on his "knowledge". Thanks.
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Old 06-20-2022, 07:29 AM
 
78,412 posts, read 60,593,823 times
Reputation: 49693
The best way to sell someone on your book or seminars is to get free publicity with sensational headline grabbing claims.

This guy is clearly out to make a buck.
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Old 06-20-2022, 07:30 AM
 
45,582 posts, read 27,187,569 times
Reputation: 23891
That is an excellent video that hits on many things in a short time frame.

Thanks for posting.


Quote:
Originally Posted by Mathguy View Post
The best way to sell someone on your book or seminars is to get free publicity with sensational headline grabbing claims.

This guy is clearly out to make a buck.
Not saying you are wrong on sensationalism selling books - he's not the first.

Did he say anything you disagree with?
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Old 06-20-2022, 07:30 AM
 
6,109 posts, read 3,344,280 times
Reputation: 10962
I could be wrong, sure, but I expect the recession to end before the close of the year.
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Old 06-20-2022, 07:31 AM
 
19,029 posts, read 27,599,679 times
Reputation: 20271
Easy solution to argument here. Mark date and time and circle back to the thread in about 6 months.
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Old 06-20-2022, 07:38 AM
 
Location: Pennsylvania
31,340 posts, read 14,265,634 times
Reputation: 27861
Quote:
Originally Posted by WK91 View Post
I could be wrong, sure, but I expect the recession to end before the close of the year.
Not me. I don't think we are even in a recession yet. The stock market has taken a major hit, but the economy.... just wait until people can't afford their credit card or mortgage payments.
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